Logistics industry short of 2 million employees
Figures by the association showed that there are more than 30,000 logistics companies across the country, of which around 4,000 firms are operating in domestic and international shipping sector.
The number of 100-percent-foreign-owned firms accounted for only 1 percent of total logistics companies in Vietnam, that of joint-venture ones made up 10 percent and that of local ones accounted for 89 percent.
However, foreign-owned and joint-venture firms held up to 80 percent of market share whereas local ones merely possessed around 20 percent of market share.
Most Vietnamese firms provide services for small supply chain in the territory of Vietnam with some segments such as shipping, warehousing, customs clearance service and less than container load service.
Local logistics enterprises are mainly small-sized firms with a shortage of human resource. Most of them are untrained and lack of professionalism.
According to the association, the logistics industry is short of about 2 million employees because among more than 30,000 firms, more than 32 percent of firms have less than 50 employees, nearly 19 percent of firms have from 50 to 100 employees and only more than 10 percent of firms have more than 1,000 employees.
Related News
Seaports increase services to attract goods
19:35 | 01/05/2024 Import-Export
Binh Duong: Fertile ground for logistics businesses
10:16 | 03/05/2024 Import-Export
Seaport enterprises "join hands" to expand logistics supply chain
10:40 | 04/04/2024 Import-Export
Nearly 20 thousand businesses are newly established and return to operation every month
15:27 | 09/04/2024 Import-Export
Latest News
More businesses to join Vietnam E-Pavilion
16:34 | 05/05/2024 Import-Export
Cooperatives urged to focus on branding to expand exports of organic tea
16:32 | 05/05/2024 Import-Export
Seafood enterprises encounter problems with specialized inspection
10:37 | 05/05/2024 Import-Export
Three groups of export commodities achieved billions of USD
10:36 | 05/05/2024 Import-Export
More News
Speed up the process of issuing "passports" for durian exports
15:14 | 04/05/2024 Import-Export
Vietnamese pomelo likely to be exported to Australia
15:12 | 04/05/2024 Import-Export
Take advantage of E-commerce leverage for export.
13:48 | 04/05/2024 Import-Export
Central beach city to lure investment from potential partners
14:54 | 03/05/2024 Import-Export
Vietnam to have enough 8 million tonnes of rice for export
14:47 | 03/05/2024 Import-Export
Some 51,600 new firms established in four months
17:17 | 02/05/2024 Import-Export
Agro-forestry-aquatic product exports post trade surplus of 4.74 billion USD in four months
17:13 | 02/05/2024 Import-Export
Enhance the core values of the national brand
15:36 | 02/05/2024 Import-Export
Solutions for maintaining Vietnam's position as a bright spot for foreign direct investment
15:36 | 02/05/2024 Import-Export
Your care
More businesses to join Vietnam E-Pavilion
16:34 | 05/05/2024 Import-Export
Cooperatives urged to focus on branding to expand exports of organic tea
16:32 | 05/05/2024 Import-Export
Seafood enterprises encounter problems with specialized inspection
10:37 | 05/05/2024 Import-Export
Three groups of export commodities achieved billions of USD
10:36 | 05/05/2024 Import-Export
Speed up the process of issuing "passports" for durian exports
15:14 | 04/05/2024 Import-Export